Sector Regulation Sector Regulation

UK financial regulators welcome more oversight, not competitiveness goal, BOE’s Woods says

By Fiona Maxwell
  • 16 Mar 2021 05:15
  • 16 Mar 2021 05:15
UK financial regulators recognize the need for additional scrutiny of their work given their increased policymaking powers after Brexit, Bank of England Deputy Governor Sam Woods said today, while reiterating concerns over an industry push for regulators to be given a competitiveness objective.

Woods said he didn’t believe the BOE’s Prudential Regulation Authority

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